Non-Disclosure Agreement (NDA)

MUTUAL NON-DISCLOSURE AGREEMENT 

This agreement is entered into by Shared-Factory and [Individual or Company], with Shared-Factory’s main office located at 18 Yingbin Road, Suzhou, China. It shall be effective from [Date] of 2023 and shall remain in effect for a period of 5 years.

WHEREAS, this Agreement provides for the disclosure by or on behalf of one Party (Discloser) to another Party (Recipient) of information that is deemed proprietary or confidential by the Discloser. Either Party may be a Discloser or Recipient. The Confidential Information (defined below) shall be disclosed  for  the  purposes  of  holding  discussions,  and  conducting  evaluations  and  negotiations, concerning the provision of manufacturing services (the Authorized Purpose).

NOW, THEREFORE, in consideration of the protection of Confidential Information disclosed hereunder and other mutual promises and valuable consideration as set forth herein, the receipt and sufficiency of which is hereby acknowledged, the  Parties agree as follows:

1.      “Confidential Information” is defined as information of anynature andin any form (including, without limitation, written, magnetic or optical media, and oral and visual disclosures) disclosed by the Discloser, or disclosed by an independent contractor, consultant or agent of the  Discloser, to Recipient in connection with the Authorized Purpose: whether or not marked or otherwise identified as proprietary or confidential at the time of disclosure, and which should reasonably have been understood  by  the  recipient  (based  on  the  circumstances  of disclosure  or  the  nature  of  the information itself) to be proprietary and confidential to the Discloser.
2.      Recipient, unless otherwise authorizedin writingby the Discloser, shall:
3.     maintain inconfidenceall Confidential Information received hereunder;
4.     restrict disclosure of such ConfidentialInformation to those of its directors,officers, employees, independent  contractors,  consultants  or  agents  who   require  access  to  the   Confidential Information for carrying out the Authorized Purpose, and who are subject to a written agreement having terms and conditions respecting the protection of confidential or proprietary information that  are  no  less  restrictive  than  those  of  this  Agreement  and  that  would  extend  to  the Confidential Information received hereunder;
5.     use such ConfidentialInformation onlyfor the Authorized Purpose; and
6.     to  the  extent  applicable,  not  modify,  reverseengineer,  decompile,  disassembleor create derivative works from any such Confidential Information.
7.      SubjecttoSection 6 below, the confidentiality obligations and use restrictions of this Agreement shall not apply to information marked or identified as Confidential Information:
8.     if such informationisor becomes known in the public domain, other than by breach of this Agreement by Recipient;
9.     if such information wasknown toRecipient without restriction prior to the time of first receipt from the Discloser;
10.      if suchinformation lawfully and rightfully becomesknown to Recipient without restriction, from a source other than the Discloser;
11.     if such information wasoris independently developed by Recipient without reference to any Confidential Information received hereunder, as evidenced by written records; or
12.     to the extent that disclosureorbroader use of such information is authorized in writing by the Discloser;
13.      Recipient  shall  notbeliable for the disclosure of Confidential  Information if such disclosure is required by order of a court of competent jurisdiction, or by order of a governmental agency or legislative body under any written law, regulation or  legal order, provided that Recipient promptly notify the Discloser thereof, and upon the request and reasonable expense of Discloser, reasonably cooperate with the  Discloser  in contesting the ordered disclosure or  in seeking confidentiality treatment of the information. If disclosure is ultimately required, then Recipient shall restrict any disclosure to only such information that reasonably satisfies the order.
14.      Thepartiesacknowledge that each party may currently or in the future be developing information internally, or receiving information from other parties, that is similar to Confidential  Information received hereunder. Accordingly, nothing in this Agreement shall be construed as a representation or agreement that the Recipient shall not develop, or have developed for it, products, concepts, systems or techniques that are similar to or compete with the products, concepts, systems or techniques  contemplated  by  or  embodied  in  such  Confidential  Information,  provided  that the

Recipient does not violate any of its obligations under this Agreement in connection with such development.

6.      All parties shall comply with any and all laws applicable to or governing the conduct of each party under this agreement. Both parties acknowledge that applicable Chinese laws restrict or prohibit the provision or export of certain goods, technical data, and information outside of China or to non-Chinese nationals or entities. All parties shall abide by any such applicable Chinese export laws and shall be responsible for obtaining any authorizations required for the export of their confidential information. Furthermore, the receiving party shall not export any export-controlled confidential information without the prior written consent of the disclosing party and shall obtain any necessary authorizations for the export of such confidential information and comply with any and all restrictions imposed thereof.
7.      Allrightsin Confidential Information are reserved by the Discloser. Other than the rights expressly granted  herein,  neither  this  Agreement,   nor  the   disclosure  of  any   Confidential   Information hereunder, shall be construed as expressing or implying any other rights, including but not limited to any rights of ownership of such Confidential  Information, or rights to any  invention,  patent, copyright or other intellectual property right heretofore or hereafter owned, acquired, developed or licensable by the Discloser.
8.     All ConfidentialInformationprovided by a Discloser hereunder is provided solely on an “as-is”

basis, and the Discloser makes no warranties regarding the accuracy or completeness of thereof; and the Discloser expressly disclaims any and all other warranties, express or implied, including   warranties of merchantability or fitness for a particular purpose. Neither this Agreement, nor the    disclosure of any Confidential Information hereunder, shall constitute any representation,

warranty, assurance, guarantee or inducement by the Discloser with respect to infringement of patent or other rights of any third parties. Any reliance on Confidential Information shall be

exclusively at Recipient’s risk.

9.      This Agreement shallnotbe construed as creating any joint venture, teaming, partnership or other joint relationship between the Parties. Neither this Agreement, nor the disclosure or receipt of Confidential Information hereunder, shall constitute or imply any promise or intention or commitment by either Party to procure any product or service, make any commitment with respect to the present or future marketing of any product or service, enter into a contract with the other Party, or be liable for the costs of the other Party in carrying out the Authorized Purpose. Unless and until a definitive written agreement with respect to the subject matter hereof is entered into, neither Party hereto will be under any legal obligation of any kind whatsoever with respect to the same, except for the matters specifically agreed to in this Agreement.
10.    This Agreement shall apply to ConfidentialInformationreceived during a term of five (5) years

beginning with its Effective Date, unless earlier terminated by written notice provided by either Party to the other Party, which termination shall be effective upon receipt of such notice. Notwithstanding the    expiration, or any earlier termination, of this Agreement, the use restrictions and confidentiality

obligations imposed on each Party hereunder shall survive and continue in full force and effect for an additional five (5) years after termination.

11.    Uponrequestby the Discloser, all Confidential Information (including all copies, derivative works and other tangible materials containing such information) shall be either returned to the Discloser or destroyed by Recipient. In the event of destruction and upon request of the Discloser, Recipient shall, within ten  (10)  days  after such destruction, certify  in writing  to the  Discloser that  such destruction  has  been  accomplished.  Recipient  shall  make  no  further  use  of  any  Confidential Information.   Recipient may retain one copy of any Confidential  Information for record retention purposes.
12.    This Agreement contains thecompleteand exclusive agreement between the Parties with respect to the safeguarding of the Parties’ Confidential Information disclosed hereunder,and supersedes all prior communications and understandings with respect thereto. No waiver, modification or deletion of any provision of, or addition of any provisions to,  this Agreement shall be binding or effective for any  purpose  whatsoever  unless  and  until  reduced  to  writing  and  executed  by  an  authorized representative of each Party. This Agreement may be signed in any number of counterparts with the same effect as if the signatures to each such counterpart were on a single instrument, and all such counterparts together shall constitute this Agreement.
13.    NeitherthisAgreement, nor any rights or obligations hereunder, may be assigned, delegated or otherwise transferred by either Party without the express prior written consent of the other Party, except to an entity that succeeds to all or substantially all of the business assets of the assigning Party, and so long as such entity agrees in writing to be bound by the terms and conditions of this

Agreement. Any attempted assignment or delegation in contravention of this clause shall be void and unenforceable.

14.    All notices required by this Agreement will beinEnglish, will be effective on the date of receipt, and will  be  transmitted  by any  customary  means  of written  communication,  addressed  in  the  first paragraph herein or as they may change from time to time.
15.    Nofailureor delay in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any right, power or privilege hereunder.
16.    If any provision of this Agreementis found tobe unenforceable, the remainder shall be enforced as fully as possible and the unenforceable provision shall be deemed modified to the limited extent required to permit its enforcement in a manner most closely representing the intention of the Parties as expressed herein.
17.   This Agreement shall be governed by and interpreted under the jurisdiction of Kunshan City, China, without regard to its choice of law provisions.

IN WITNESS WHEREOF, the Parties have caused their duly authorized representatives to execute this Agreement effective on the date above.

Azienda                            

By  Name  Ziman Peng                        

Title Contracts and Compliance Manager

Company     By  Name    Title